Bitcoin / USD may rise to 60440 - 61150

Our pivot point stands at 58070.

Our preference

Rebound towards 61150.

Alternative scenario

Below 58070, expect 56870 and 56160.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 59102 and 59298).

Supports and resistances

62570 **

61860 *

61150 **

60440

59006 last

58540

58070 **

56870 *

56160 **

Number of asterisks represents the strength of support and resistance levels.